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A large portion of alternative investment firms may be hindering their capital raising efforts by not providing investors with access to online reporting systems, according to a survey by Netage Solutions.
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A group of investment funds has filed a lawsuit against Porsche Automobil Holding and two of Porsche's former executives, Wendelin Wiedeking and Holger Haerter, seeking to recover over USD1bn in losses suffered as Porsche attempted a takeover of Volkswagen in 2008.
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Asset Management Finance, an investment firm focused on the global asset and wealth management sectors, completed four new investments in December totalling approximately USD200m in invested capital.
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